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SpaceX’s rocket reusability dream is within reach after fastest recovery yet
SpaceX and CEO Elon Musk’s rocket reusability dream appears to be within reach for the first time ever after technicians managed to retract the most recently-launched Falcon 9 booster’s landing legs and bring it horizontal in record time.
On the heels of a SpaceX’s second orbital-class Falcon 9 launch, landing, and recovery just this month, the recovery milestone could mean that booster B1059 is being prepared for the fastest turnaround in the company’s history. Together, with two Starlink launches now complete less than two weeks into June 2020 and a third internet satellite mission scheduled as early as June 22nd, the odds are better than ever that SpaceX will be able to pull off a record launch cadence heading into the second half of the year.

Averaged out, a sustained frequency of one launch every ~7 days would give SpaceX the ability to perform more than 50 orbital launches annually. In fact, just earlier this year, an environmental impact assessment completed for upgrades at Kennedy Space Center (KSC) Pad 39A revealed plans for as many as 70 annual launches from SpaceX’s two Florida pads by 2023.
Technically, SpaceX has already demonstrated that those two Florida launch pads – KSC Pad 39A and Cape Canaveral Air Force Station (CCAFS) LC-40 – are able to support 60-70 annual launches when pushed to their limits, with the latter pad recently performing two launches in just nine days for a potential maximum of 40 launches in one year. If SpaceX can pull off four Falcon 9 launches in 27 days, as it’s currently scheduled to do, the company will have already come a majority (75%) of the way to demonstrating that its fleet of Falcon rockets is also up to the task.
Currently the newest flown booster in SpaceX’s Falcon 9 fleet, the company has also wasted no time processing B1059 after ~8 am EDT return to Port Canaveral, kicking off landing leg retraction scarcely eight hours after berthing. B1059’s first sea recovery was also the second use of drone ship Of Course I Still Love You’s (OCISLY) upgraded Octagrabber, a tank-like robot used to keep technicians safe while remotely securing Falcon boosters on the high seas.

Octagrabber 2.0
By all appearances, SpaceX is using a new recovery method debuted with Falcon 9 booster B1058 earlier this month for the second time. With that significant operational tweak, the company no longer has to crane Falcon 9 boosters off of the drone ship before it can begin landing leg retraction – itself a process that’s barely a year old. By entirely supporting a booster with an upgraded Octagrabber robot and retracting its legs in situ, SpaceX can completely skip a recovery processing step, only lifting the rocket once it’s ready to be broken over (brought horizontal) and loaded onto a transporter.

Unsurprisingly, on its first use, the improved efficiency allowed SpaceX to process a booster faster than any before it, breaking the previous record of ~1.9 days from port arrival to departure on a horizontal transporter. Now, B1059 is already on pace to beat B1058’s weeks-old recovery turnaround record. Extra-efficient recovery processing and the unprecedentedly rapid booster reuse it could soon enable will be crucial if SpaceX hopes to sustain a cadence of 3-6 Falcon 9 launches per month over the next few years.
Such a cadence is a necessity for the expedient deployment of the 12,000 to 40,000-satellite Starlink internet constellation. With SpaceX all but guaranteed to demonstrate three Starlink launches in a single month (in fact, less than three weeks), the company is making rapid progress in the right direction.

Speeding through recovery
In fact, as of writing, Falcon 9 B1059 has already had all four landing legs retracted and was lifted off drone ship OCISLY, broken over, and placed on SpaceX’s custom booster transporter less than 10 hours after it arrived in port. A step further, SpaceX took an incredible 8-9 hours after docking to bring the booster horizontal, crushing the previous record – ~27 hours – by a factor of three or more.
Given that unprecedented expediency, it wouldn’t be crazy to imagine that SpaceX could be aiming for a record-breaking booster turnaround on one of its next few Starlink launches, scheduled June 22nd and sometime in July. Held by the late booster B1056, SpaceX’s current turnaround record (the time between two launches) is 62 days, while the company and CEO Elon Musk’s ultimate reusability goal is to fly the same booster twice in just 24 hours.
Drone ship recoveries, of course, will almost always require at least a few extra days to travel back to port. Still, the fact that 99% of the processing needed to transport a booster can now be finished in as few as ~8 hours is the first unequivocal proof that a 24-hour turnaround is within SpaceX’s reach – so long as the rocket lands on land or the time in transit is excluded.






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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
